The government has made the ISD mechanism mandatory, effective April 1, 2025. This means that the distribution of common ...

The Indian government has introduced significant changes to the Goods and Services Tax (GST) regulations. Starting from April 1, 2025, a new Input Service Distributor (ISD) system will be implemented.

Always puzzled and novice when comes to the GST ITC (Input Tax Credit) on goods or service or both used for construction of immovable properties when such properties are used in in the course or ...

Increase in ITC fraud cases and amount detected in current fiscal, with measures taken to prevent tax evasion.

The government is introducing the Input Service Distributor (ISD) system from April 1, 2025, to improve tax collection on ...

The Input Tax Credit (ITC) allows you to claim credit for the GST paid on business-related purchases. Whether it is raw ...

The Input Service Distribution (ISD) mechanism will enable businesses with branches in multiple states to consolidate ...

The Goods and Services Tax (GST) was implemented in July 2017 and multi-state GST registrations have been facing confusion regarding the process for distributing common input tax credits (ITC) availed ...

The GST Council may finalise relief on life and health insurance at its next meeting, with states showing consensus on the ...

Navigating ITC Double Claiming Risks Post-GSTR-2B Introduction: A Guide for GST Compliance ...

Now accountants will start: oh there is input tax credit. Buddy, someone pays that 18% GST eventually (your end customer; ...